Huajin International Says CEO’s Consumption Restrictions Stem From Subsidiaries’ Obligations, Not Personal Misconduct

• Huajin International clarified on November 10, 2026, that CEO Chen Chunniu’s consumption restrictions stem from subsidiary obligations, not personal liability or misconduct.
• A Xiamen court imposed consumption restriction orders on four subsidiaries on October 29 in a guarantee dispute involving RMB 165.65 million.
• No standalone order targets Chen; his restrictions arise solely from serving as legal representative of three affected subsidiaries.
• The board determined Chen remains suitable as a director, with the restrictions not impeding his duties.
• Day-to-day operations remain normal as the group pursues repayment, settlement or restructuring negotiations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Huajin International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261110-12406797), on November 10, 2026, and is solely responsible for the information contained therein.